Answer:
Accounts receivable turn over is 16.64
Explanation:
To compute accounts receivable turn over ratio, we simply divide net credit sales over the average accounts receivable.
Accounts receivable turn over ratio = $1,240,000/$74,500
= 16.64
The higher the ratio, the better it is in the company. It simply means, the company exercises the effective way to collect its receivable from the customer.
*Net credit sales is derived by deducting sales returns and allowances from gross credit sales. If the problem is silent regarding cash sales, we will assume that the sales made by the period is all at credit.
I believe that you forgot the options, but i think i know them.
So, one of then is that it employed more workers: true they did bring it. Another option is that they brought lower prices: true as well
another option is that they brought better quality products, and this is also sometimes true.
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The correct answer is : monopolies, which in any case would not be an advantage for the consumer.
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They include: planning, organizing, leading, and controlling.
Answer: option "A" is correct
Explanation:
It's an official context for other options.
Correct answer is : 15.96%
EAR = [1 + (.149 / 12)]12 - 1 = 15.96%
